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UPSC PYQPrelims 2020

Civil Services Examination · Question 63

Which of the following factors/policies were affecting the price of rice in India in the recent past? 1. Minimum Support Price 2. Government's trading 3. Government's stockpiling 4. Consumer subsidies Select the correct answer using the code given below:

  1. 1, 2 and 4 only
  2. 1, 3 and 4 only
  3. 2 and 3 only
  4. 1, 2, 3 and 4
Show answer & explanation

Answer: (D) 1, 2, 3 and 4

Explanation

MSP, government procurement/trading (OMSS), buffer stocking and PDS consumer subsidies all influence rice prices.